PALAFOX EXPLORATION CO. -17-

Operated by FASKEN OIL AND RANCH, LTD. (P-5 263696) in the GOLD RIVER, NORTH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173915District 04Field 355665002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Jul 1999 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
323
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 830 leases and 840 wells, and the rule below applies to all of them.

Discovered
1978-10-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-10-25.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111999-09-20140926
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition584 bbl$16,418
GasProduction782,286 Mcf$3,475,257
Total$3,491,675

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.0662, -99.8230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06621, -99.82302 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,750 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 5,750 ft.

Completions filed
Jul 1999
1 of 1 wells

1 well

42-4793727965,750 ftJul 1999

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (323)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

323 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026053159.138.00$4,247
Dec 2025081656.664.41$3,601
Nov 2025056258.593.93$2,207
Oct 2025057159.383.30$1,887
Sep 2025084062.743.08$2,585
Aug 2025085463.933.01$2,575
Jul 2025071366.743.32$2,364
Jun 2025071366.483.13$2,231
May 2025069560.553.23$2,246
Apr 2025072162.363.54$2,555
Mar 2025073567.704.27$3,137
Feb 2025072870.884.34$3,160
Jan 2025081674.324.28$3,491
Dec 2024074768.993.12$2,332
Nov 2024083569.052.20$1,836
Oct 2024082071.372.28$1,871
Sep 202401,01069.612.36$2,388
Aug 2024091075.632.06$1,878
Jul 2024088779.932.15$1,904
Jun 2024085678.082.63$2,255
May 2024081778.812.20$1,796
Apr 2024084384.451.66$1,399
Mar 2024089980.301.55$1,389
Feb 202401,03476.091.78$1,844
Jan 202401,10873.023.30$3,654
Dec 2023071571.262.61$1,867
Nov 2023078477.892.81$2,201
Oct 202301,03585.443.09$3,195
Sep 202301,13089.042.74$3,091
Aug 2023066480.522.67$1,775
Jul 2023088574.852.64$2,338
Jun 202301,00368.962.26$2,265
May 202301,03070.622.23$2,294
Apr 202301,06278.122.24$2,377
Mar 202301,04572.852.39$2,501
Feb 2023081275.112.47$2,002
Jan 2023083376.533.39$2,822
Dec 202201,22576.415.73$7,018
Nov 202201,23785.005.65$6,984
Oct 2022097287.185.86$5,700
Sep 202201,18084.888.16$9,633
Aug 202201,30794.529.13$11,929
Jul 202201,232101.587.54$9,292
Jun 202201,061115.097.98$8,464
May 20220845109.378.43$7,126
Apr 202201,107104.226.84$7,569
Mar 202201,062108.885.08$5,391
Feb 2022092191.054.86$4,475
Jan 2022090581.844.54$4,107
Dec 202101,09271.323.90$4,258
Nov 2021086577.435.24$4,530
Oct 202101,13479.795.71$6,480
Sep 202101,06969.865.35$5,720
Aug 2021093266.024.22$3,934
Jul 202101,05570.783.98$4,201
Jun 2021087069.493.38$2,941
May 202101,14663.483.02$3,458
Apr 202101,08060.362.76$2,979
Mar 2021091361.302.72$2,481
Feb 2021066357.805.55$3,678
Jan 202101,01050.412.81$2,838
Dec 202001,00944.642.68$2,700
Nov 2020094138.772.71$2,547
Oct 202001,10636.972.48$2,741
Sep 202001,04637.091.99$2,083
Aug 202001,15439.982.39$2,752
Jul 2020087838.371.83$1,602
Jun 202001,24934.901.69$2,111
May 2020091316.921.81$1,657
Apr 2020091214.751.80$1,646
Mar 202001,18230.341.86$2,194
Feb 202001,11549.881.98$2,208
Jan 202001,26057.252.09$2,639
Dec 201901,10559.012.30$2,546
Nov 201901,19455.302.75$3,284
Oct 201901,16353.472.42$2,813
Sep 201901,03755.052.66$2,756
Aug 201901,08353.112.30$2,496
Jul 201901,01656.272.46$2,499
Jun 2019079052.782.49$1,968
May 2019090758.482.74$2,485
Apr 2019085262.632.75$2,344
Mar 2019086156.803.06$2,636
Feb 2019082850.852.79$2,312
Jan 2019060046.033.23$1,937
Dec 2018069146.594.19$2,892
Nov 2018064852.934.24$2,746
Oct 2018054361.443.40$1,845
Sep 2018075859.543.11$2,356
Aug 2018078259.403.07$2,398
Jul 2018096665.142.93$2,832
Jun 2018087760.183.08$2,698
May 2018093265.382.90$2,704
Apr 2018093463.842.90$2,709
Mar 2018083761.222.79$2,333
Feb 2018068161.782.77$1,884
Jan 2018059762.874.01$2,394
Dec 201701,03757.272.92$3,030
Nov 2017071655.423.12$2,233
Oct 2017073949.292.98$2,205
Sep 2017064447.523.09$1,988
Aug 2017086845.373.00$2,608
Jul 2017092443.873.09$2,853
Jun 2017075442.493.09$2,328
May 2017076845.373.26$2,506
Apr 201701,01447.933.21$3,257
Mar 2017093846.772.98$2,799
Feb 2017083050.452.95$2,451
Jan 201701,00849.413.42$3,446
Dec 201601,02548.763.72$3,816
Nov 201601,00042.492.64$2,644
Oct 2016096446.193.09$2,979
Sep 2016088741.553.10$2,750
Aug 201601,00341.442.92$2,933
Jul 201601,11541.622.92$3,261
Jun 201601,16145.352.69$3,118
May 2016099342.521.99$1,977
Apr 201601,02236.561.99$2,035
Mar 2016091933.011.79$1,649
Feb 2016092726.472.06$1,913
Jan 201601,04027.352.36$2,459
Dec 201501,27932.362.00$2,560
Nov 2015083638.792.17$1,812
Oct 201501,06543.552.43$2,584
Sep 201501,33942.992.76$3,694
Aug 201501,30040.162.87$3,734
Jul 201501,44748.152.95$4,262
Jun 201501,30256.152.88$3,753
May 201501,07255.212.96$3,168
Apr 2015099649.822.71$2,696
Mar 2015089542.892.93$2,627
Feb 201501,15944.662.98$3,449
Jan 201501,64643.433.10$5,104
Dec 201401,22854.693.59$4,410
Nov 2014092470.464.25$3,929
Oct 201401,15078.303.90$4,486
Sep 2014095986.164.05$3,880
Aug 201401,08289.394.04$4,366
Jul 201401,12496.564.18$4,698
Jun 201401,03998.164.74$4,922
May 201401,34694.734.73$6,362
Apr 2014089095.944.81$4,280
Mar 201401,21295.895.06$6,129
Feb 2014085497.406.19$5,288
Jan 2014092790.404.86$4,506
Dec 2013097891.824.35$4,259
Nov 2013076888.853.74$2,871
Oct 201301,09397.423.78$4,131
Sep 201301,051104.113.72$3,907
Aug 20130746104.253.52$2,628
Jul 20130963102.523.72$3,580
Jun 201301,30794.403.93$5,141
May 201301,19694.834.15$4,962
Apr 201301,19693.964.28$5,122
Mar 201301,17893.623.91$4,609
Feb 2013094691.233.42$3,235
Jan 201301,42291.603.42$4,863
Dec 2012093786.773.42$3,205
Nov 2012089086.953.62$3,226
Oct 201201,25889.383.40$4,277
Sep 201201,00394.672.92$2,927
Aug 201201,31092.662.91$3,810
Jul 201201,05185.133.02$3,175
Jun 201201,32079.822.52$3,325
May 201201,12391.612.49$2,794
Apr 201201,426101.652.00$2,847
Mar 201201,214105.052.22$2,698
Feb 201201,043101.102.57$2,681
Jan 201201,32798.092.73$3,628
Dec 201101,21396.873.24$3,930
Nov 201101,26795.723.31$4,195
Oct 201101,27484.983.65$4,648
Sep 201101,21683.623.99$4,847
Aug 201101,32783.404.15$5,506
Jul 201101,32494.144.52$5,981
Jun 201101,28592.904.64$5,962
May 201101,31098.134.40$5,770
Apr 201101,231105.964.33$5,334
Mar 201101,32696.364.06$5,380
Feb 201101,16285.644.18$4,857
Jan 201101,30386.504.59$5,979
Dec 201001,29885.734.35$5,643
Nov 201001,37680.843.80$5,222
Oct 201001,07078.103.51$3,755
Sep 201001,31672.633.98$5,237
Aug 201001,33573.684.42$5,900
Jul 201001,58172.554.74$7,488
Jun 201001,49070.364.91$7,317
May 201001,44471.124.24$6,116
Apr 201001,36181.694.12$5,611
Mar 201001,40878.394.39$6,179
Feb 201001,28773.585.44$7,004
Jan 201001,56774.365.96$9,346
Dec 200901,39971.445.48$7,672
Nov 200901,44574.593.75$5,421
Oct 200901,50372.544.11$6,178
Sep 200901,42165.543.06$4,355
Aug 2009201,58767.423.22$6,456
Jul 200901,55761.133.46$5,394
Jun 200901,49066.163.90$5,804
May 200901,60054.743.93$6,281
Apr 200901,71846.773.59$6,163
Mar 200901,82142.144.06$7,391
Feb 200901,54732.814.63$7,167
Jan 200901,93135.865.37$10,371
Dec 200801,97337.105.98$11,793
Nov 200801,98555.496.86$13,618
Oct 200801,92975.246.92$13,353
Sep 200801,868101.767.88$14,714
Aug 200801,953114.228.48$16,567
Jul 200802,029131.0811.39$23,109
Jun 200801,994131.3313.03$25,987
May 200802,092123.1711.57$24,213
Apr 200802,022110.3110.45$21,140
Mar 200802,035101.909.66$19,666
Feb 200801,88492.538.77$16,524
Jan 200802,02090.388.21$16,576
Dec 200701,78188.337.30$13,005
Nov 200702,13091.677.29$15,531
Oct 200702,21482.856.92$15,325
Sep 200702,40175.846.24$14,992
Aug 200702,15769.066.39$13,779
Jul 200702,09970.906.39$13,408
Jun 200702,12062.007.55$16,003
May 200701,95558.747.85$15,339
Apr 200702,02559.617.81$15,806
Mar 200702,34256.927.30$17,101
Feb 200702,11755.108.22$17,393
Jan 200702,43050.306.73$16,346
Dec 200602,55456.656.92$17,670
Nov 200602,51354.207.62$19,143
Oct 200602,49454.906.01$14,998
Sep 200602,48260.085.04$12,502
Aug 200602,53068.717.34$18,570
Jul 200602,54169.376.34$16,117
Jun 200602,40466.286.38$15,347
May 200602,40966.016.42$15,478
Apr 200602,66764.397.36$19,630
Mar 200602,97956.707.08$21,100
Feb 200602,50657.597.75$19,424
Jan 200602,86860.598.93$25,621
Dec 200502,44054.9413.42$32,734
Nov 200502,09954.6910.59$22,225
Oct 200502,62858.3413.80$36,255
Sep 200502,56161.4512.08$30,934
Aug 200502,89261.519.80$28,332
Jul 200502,80555.697.84$22,001
Jun 200502,76452.337.38$20,401
May 200503,11545.226.65$20,718
Apr 200502,89949.207.36$21,338
Mar 200502,82550.377.15$20,213
Feb 200502,60645.226.31$16,449
Jan 200503,07043.166.32$19,409
Dec 200402,99939.866.75$20,246
Nov 200402,99245.286.33$18,941
Oct 200402,40849.706.52$15,688
Sep 200403,24643.245.28$17,152
Aug 200403,18042.375.55$17,651
Jul 200402,92238.286.08$17,778
Jun 200402,61836.106.43$16,842
May 200402,75837.486.49$17,912
Apr 200402,75434.475.86$16,134
Mar 200403,29634.365.53$18,227
Feb 200402,60632.455.51$14,358
Jan 200403,15432.036.30$19,869
Dec 200343,14430.266.30$19,933
Nov 200303,27828.804.60$15,063
Oct 200303,52328.174.76$16,768
Sep 200303,54326.314.75$16,827
Aug 200303,35129.765.13$17,190
Jul 200303,82529.415.17$19,778
Jun 20031893,66628.565.98$27,331
May 200303,32626.595.97$19,865
Apr 200303,55126.675.41$19,201
Mar 200304,08731.146.10$24,915
Feb 200303,51033.487.93$27,820
Jan 200304,09230.315.58$22,842
Dec 200204,29226.914.85$20,832
Nov 200204,35324.664.14$18,008
Oct 200204,79126.464.23$20,262
Sep 200214,28527.443.64$15,604
Aug 200204,99825.963.16$15,814
Jul 200205,25224.583.06$16,080
Jun 200205,18323.733.34$17,302
May 200205,13624.663.58$18,407
Apr 200204,94723.653.51$17,375
Mar 200205,03022.003.10$15,607
Feb 200203,62818.222.38$8,619
Jan 200202,29817.172.38$5,459
Dec 200104,31516.932.36$10,202
Nov 200104,81218.072.41$11,575
Oct 200104,39319.782.53$11,109
Sep 200104,78624.262.25$10,775
Aug 200105,22424.873.05$15,950
Jul 200105,39723.933.20$17,255
Jun 200105,07224.563.82$19,396
May 200105,73325.524.31$24,694
Apr 200105,62224.685.34$29,995
Mar 200106,28024.545.38$33,764
Feb 200105,51527.755.77$31,805
Jan 200107,04127.478.40$59,136
Dec 200007,57626.889.12$69,112
Nov 200007,95232.215.66$44,992
Oct 200008,82231.235.15$45,394
Sep 200009,61331.875.19$49,858
Aug 2000010,81829.644.54$49,122
Jul 2000010,96728.534.09$44,852
Jun 2000011,50329.304.40$50,582
May 200018114,79227.263.68$59,365
Apr 2000011,47124.513.12$35,744
Mar 2000019,55528.422.86$55,922
Feb 2000011,82227.622.73$32,233
Jan 2000014,09525.272.48$34,963
Dec 199918915,49924.282.42$42,154
Nov 1999019,94023.192.43$48,534
Oct 1999021,77220.982.80$61,042
Sep 1999021,19221.752.62$55,499
Aug 1999025,62319.262.88$73,682
Jul 1999013,56417.892.37$32,179

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  531 Mcf  × $  8.00 =     $4,247

────────────────────────────────────────────────────
Month total                                   $4,247

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/173915 is the state's own key, not one this site invented.